The inquiries signal the bloc’s intention to tightly enforce sweeping new competition rules that took effect this month.
Category: Europe
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‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.
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Tesla’s Troubles Raise Questions About Its Invincibility
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.
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The Activist Investor Dan Loeb Enters The Chip Wars
The hedge fund mogul has been bankrolling a European patent fight against Intel, Dell, Amazon and other tech giants.
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China’s Exports Surge Are Drawing a Global Backlash
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
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European Central Bank, Citing Wage Growth, Keeps Rates Steady
Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in the central bank’s history.
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How China Came to Dominate the World in Solar Energy
Beijing is set to further increase its manufacturing and installation of solar panels as it seeks to master global markets and wean itself from imports.
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Apple Fined $2 Billion by E.U. for Using App Store to Thwart Competition
Apple is expected to appeal the penalty, the latest in a series of regulatory setbacks for the tech giant.
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How Regulations Fractured Apple’s App Store
As the App Store approaches its 16th anniversary, patchwork rules have turned what was a single store into different shops across many countries.
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Eurozone Inflation, Continuing to Ease, Rose 2.6% in February
Prices in the countries that use the euro trended downward in February. But the European Central Bank remains cautious about lowering interest rates.
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France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
